Santana Rey created Business Solutions on October 1, 2021. The company has been successful, and Santana plans to expand her business. She belleves that an additional $112,000 is needed and is investigating three funding sources - Santana's sister Cicely is willing to invest $112,000 in the business as a common shareholder. Because Santana currently has about $168,000 invested in the business, Cicely's Investment will mean that Santana will maintain about 60% ownership and Cicely will have 40% ownership of Business Solutions b. Santana's uncle Marcello is willing to invest $112,000 in the business as a preferred shareholder Marcello would purchase 1120 shares of $100 por value, 8% preferred stock c. Santana's banker is willing to lend her $112,000 on a 8X, 11-year note payable. She would make monthly payments of $1,279 for 11 0106 years Required: 1. Prepare the journal entry to reflect the initial $112,000 investment under each of the options a, b, and c. 1 Required: 1. Prepare the journal entry to reflect the initial $112,000 Investment under each of the options a, b, and c. 75 points View transaction list 040120 Journal entry worksheet 1 2 3 BOOK Record the issue of common stock of $112,000 cash. Note Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general Journal